Greenland's Economy and Labour Markets

The book explores structural changes in Greenlands economy and labor markets due to climatic changes and international attention, offering multidisciplinary perspectives from economists, sociologists, and political scientists. It examines the challenges of melting ice and internationalization and discusses current and future opportunities for laborers. Greenland is reliant on financial subsidies from Denmark and seeks greater independence, requiring more private sector growth. The book covers important business development themes and considers Greenlands colonial past, Inuit heritage, and unique geography and nature. It is the first international book on Greenlands economy and discusses its geopolitical importance and prospects for the Arctic region.

Format: Paperback / softback
Length: 172 pages
Publication date: 31 May 2023
Publisher: Taylor & Francis Ltd

The impact of climate change and growing international attention on Greenland's economy and labor markets is the subject of this book. It provides multidisciplinary perspectives from economists, sociologists, and political scientists to demonstrate how the Greenlandic economy works.

Due to an increasing focus on the Arctic area and Greenland in particular, the book seeks to understand the functioning and dynamics of Greenlands labor economy, as well as the challenges that arise from the melting ice and internationalization. It fills a substantive gap in the existing literature by compiling research on these critical subjects and exploring current and future opportunities for laborers.

Today, Greenland is reliant on large financial subsidies from Denmark to provide for a large share of its national budget. This fuels Greenlands political ambition to gain greater independence from Denmark, which requires more private sector growth to develop a sustainable economy. This book thus contains an exhaustive introduction to important business development themes such as macroeconomics, markets, labor supply, labor market policies, and institutions and considers Greenlands colonial past, great Inuit heritage, and unique geography and nature to re-shape its economy and labor markets.

Informed by a lucid writing style, each chapter casts light on different economic and social issues of Greenland.

This is the first international book on Greenlands economy, which discusses its geopolitical importance and prospects for the Arctic region. It will be a valuable point of reference for students and academics of economics, Arctic research, and political economy.

Weight: 453g
Dimension: 234 x 156 (mm)
ISBN-13: 9780367516277